Binance to Delist BAKE, ID, MBOX, OP, RDNT, UNI Related Trading Pairs in Spot Market - Blockchain.News

Binance to Delist BAKE, ID, MBOX, OP, RDNT, UNI Related Trading Pairs in Spot Market

Jessie A Ellis Apr 10, 2024 11:36

Binance has announced the delisting of several trading pairs in its spot market. Effective April 12, 2024, Binance will remove the BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB trading pairs. The decision was made to maintain a high-quality trading environment and protect users. Despite the delisting, the tokens will still be available for trading on other pairs within the Binance ecosystem. Users are advised to update or cancel their Spot Trading Bots prior to the cessation to avoid any potential losses.

Binance to Delist BAKE, ID, MBOX, OP, RDNT, UNI Related Trading Pairs in Spot Market

Binance, in its effort to ensure a vibrant and liquid trading environment, regularly reviews all listed spot trading pairs. Based on their most recent evaluations, the exchange has decided to delist certain trading pairs due to factors like poor liquidity and trading volume.

The spot trading pairs that will be removed from Binance on April 12, 2024, at 03:00 UTC are:

BAKE/BNB

ID/TUSD

MBOX/BNB

OP/TUSD

RDNT/TUSD

UNI/BNB

It is important to note that the delisting of these spot trading pairs does not impact the availability of the tokens on Binance Spot. Users will still be able to trade the base and quote assets of these tokens on other available trading pairs on the platform.

Additionally, Binance will terminate its Spot Trading Bots services for the aforementioned spot trading pairs on April 12, 2024, at 03:00 UTC. Users who utilize this service are advised to update or cancel their Spot Trading Bots prior to the cessation to avoid any potential losses.

Binance has provided guidelines and frequently asked questions regarding delisting, which users can refer to for more information. The exchange also advises users to check the original English version of the announcement for the latest and most accurate information, as there may be discrepancies in translated versions.

As with any investment in digital assets, Binance reminds users that prices can be volatile, and the value of investments may go up or down. Users are responsible for their investment decisions and should not invest more than they can afford to lose. It is recommended that users seek independent financial advice and consider their individual circumstances before trading.

Binance reserves the right to amend or cancel the delisting announcement at any time and for any reasons without prior notice.

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